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All Forum Posts by: Ian Walsh

Ian Walsh has started 8 posts and replied 2623 times.

Post: Property Managers, Red Flags?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Good management companies will have departments, processes and strong talented people running it.  

Post: How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Learn your market and learn to market.  Wholesalers that put out good deals get a good reputation.  Most put out deals that they don't know aren't deals because they don't know their market.

Post: Is investing based on appreciation a recipe for disaster?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Speculating without very deep pockets is risky .

Post: Real Estate Investor

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Welcome.  Lots of info here.

Post: Too old to see rewards?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

This business doesn't discriminate against age, race or gender.  It does tend to keep laziness and lack of effort from breaching the wall.  If you are focused, learn your market and learn to market, there are no barriers to entry.

Post: New to Real Estate Investing

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Learn your market and learn to market.  

Post: First Turnkey Property

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Know your comps really well to make sure you are not over paying.

Post: When I finance with private lender, can I say it's a cash offer?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

I have seen clients just tell the wholesaler that they will probably use their own cash but might finance and you can do it either way.  They usually are fine with that.

Post: Where should I buy?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

I wouldn't worry about buying until you identify your market and learn it inside and out.  50 house rule is a good place to start.

Post: How Much Should I Increase Rent?

Ian Walsh
Lender
Posted
  • Lender
  • Philadelphia, PA
  • Posts 2,669
  • Votes 1,746

Check comps that match the condition of yours.